v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 74,199 $ 69,602
Independent operator receivables and current portion of independent operator notes, net of allowance $15,761 and $12,253 14,101 16,983
Other accounts receivable, net of allowance $5 and $8 2,414 3,685
Merchandise inventories 394,841 381,961
Prepaid expenses and other current assets 28,987 25,409
Total current assets 514,542 497,640
Independent operator notes and receivables, net of allowance $15,216 and $15,291 37,231 43,748
Property and equipment, net 773,386 742,961
Operating lease right-of-use assets 1,117,595 1,089,838
Intangible assets, net 71,621 78,375
Goodwill, net 475,835 633,835
Other assets 4,255 4,702
Total assets 2,994,465 3,091,099
Current liabilities:    
Trade accounts payable 219,657 177,457
Accrued and other current liabilities 36,822 54,277
Accrued compensation 24,386 17,841
Current portion of long-term debt 15,000 15,000
Current lease liabilities 92,201 87,324
Income and other taxes payable 10,404 12,097
Total current liabilities 398,470 363,996
Long-term debt, net 490,602 477,905
Deferred income tax liabilities, net 32,461 33,183
Long-term lease liabilities 1,253,069 1,229,473
Other long-term liabilities 3,270 2,879
Total liabilities 2,177,872 2,107,436
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock, par value $0.001 per share, 500,000,000 shares authorized; 99,084,492 and 98,153,086 shares issued and outstanding, respectively 99 98
Series A preferred stock, par value $0.001 per share, 50,000,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 834,673 827,048
Retained earnings (deficit) (18,179) 156,517
Total stockholders' equity 816,593 983,663
Total liabilities and stockholders' equity $ 2,994,465 $ 3,091,099